Is accounts payable and bills payable the same?and B/R & A/R
the same ?
Answer Posted / deshmukh
YES BOTH ARE THE SAME
| Is This Answer Correct ? | 3 Yes | 2 No |
Post New Answer View All Answers
What is the difference between a cash flow statement and an accural profit & loss account ? And why do simple organisations do not feel the need for a profit and loss type of statement ?
What is meant by turnover?
What is the difference between a provisions and reserves?
How will service tax & excise be charged?
pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.
1)What is E-1 Sales (Sales in Transit) Full Guidence From Issue to receipient. 2) What is F Form How Are procedure
what is t code of all expences general legder?
Mention whether the account "cash" will be credited or debited when a company pays a bill?
Definition of push down accounting
Why is accuracy important in accounting?
Define bills receivable?
give me examples of the accounting reports you have prepared
Spinoff,Spelloff
What is meant by calendar maintenance?
Purchase Goods worth rs.1000/ icluding vat of rs 40/ & Service charge receive 1000/ including service charge rs 123.60/ What will be entry in Tally? Please Define me?